346: Why Ideas Don’t Count According To Netflix Co-Founder Marc Randolph

We’re kicking off 2022 with one of our favorite returning guests, Ankur Nagpal, founder of Teachable and Vibe Capital. After selling Teachable last year for $150 million, Ankur created Vibe Capital, a global early-stage generalist fund. He promises to be the "least painful investor you have to deal with" because he knows how founders feel about investing.    Listen to Nathan and Ankur discuss:  Why founders prefer investing in other founders Defining IRR (internal rate of return) and why it's a key metric for modern-day investors Why he spends less than a week to decide to invest in a company Why speed is so important when it comes to investing The 3 most important things to look for when investing in a startup His “red flags” when reviewing potential companies to invest in And much more funding advice…   Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.   Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs.    For more Foundr content, follow us on your favorite platform:  Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine

5 Jan 202243min

This year, we’ve conducted our best interviews EVER. In this epic roundup episode, we took our favorite moments from every interview this year and combined them to create: Foundr Best of 2021! That’s right, in this very special episode, you’ll hear valuable insights from:  Marc Randolph, Co-founder of Netflix, where he explains the surprising origins of the streaming giant. Tamara Mellon, Co-founder of Jimmy Choo reveals THE TRUTH around what it takes to build a global luxury label. Matt Pohlson, Co-founder of Omaze, on how his near death experience fuelled his outlook on life and business.   Joe Gebbia, Co-founder of Airbnb, on how they built one of the largest platforms in the world.    Ray Dalio, founder of Bridgewater Associates on how punching his boss in the face led to the creation of the world’s largest hedge fund. Prerna Gupta, Co-founder of Hooked, on how going to #1 on the App store led to some of their biggest challenges in business.   Ann McFerran and Kevin Gould, founders of Glamnetic, on their advice for early-stage founders on doing things that DON’T scale! Tim Draper, Founder of Draper University on how he’s shaping the next generation of leaders, and what it takes to become the next Elon Musk or Steve Jobs. Verne Harnish, Author of ‘Scaling Up’ tell us about his experience in throwing a party for Steve Jobs, and how it led to the creation of the Entrepreneur’s Organization! Alex Hormozi, Co-founder of ‘Acquisition.com’, on why providing value is the key to his success- and how he’s building his path to $1B. Dany Garcia, Founder of The Garcia Companies, on how she manages her entire empire. Want to build an empire? Then you might want to start studying Dany Garcia- she’s co-owner of the XFL , produces blockbuster films with longtime business partner Dwayne Johnson, and recently launched a new fashion brand, GSTQ. Thank you all for such an incredible year- and make sure to leave a review if you got ANY value out of the last 52 episodes. Can’t wait to see you all in the new year, for a whole new season of incredible stories, lessons and wins. Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.   Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs.    For more Foundr content, follow us on your favorite platform:  Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine

22 Des 20211h 9min

Want to build an empire? Then start studying Dany Garcia.    The founder of The Garcia Companies is living proof that it’s possible to run multiple businesses—successfully—all at once. Her portfolio includes brands in entertainment, sports, food, business, and fitness. She’s co-owner of the XFL (making her the first woman in the U.S. to own an equal or majority stake in a professional sports league) and recently launched a new fashion brand, GSTQ. She also produces blockbuster films with Dwayne “The Rock” Johnson.    How does the consummate multi-hyphenate manage her empire?    Find out in this in-depth conversation. Garcia sat down with Foundr’s Nathan Chan to discuss:  The two factors she considers before embarking on any creative project  Why obsession is key to successful client relationships  How to bond with your audience through immersive experiences  How to integrate disparate brands and products under one roof  Why she’s committed to “firing herself” regularly How she finds time for self-care amidst her outrageously busy schedule     Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.   Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs.    For more Foundr content, follow us on your favorite platform:  Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine

16 Des 202158min

Get ready for a crash course in bootstrapped sales, investing, and crafting an undeniable offer.    Alex Hormozi sold everything and left a consulting job to work in the fitness industry—that’s when his love of business began.     Alex now has a portfolio of 7 businesses valued at $85 million a year, including acquisition.com, which helps service-based businesses scale and multiply profits. In his new book, $100M Offers: How To Make Offers So Good People Feel Stupid Saying No, Alex shares his lessons on crafting an offer to scale a business.    In this episode, Nathan and Alex discuss: Alex’s goal to become a billionaire in 10 years How he went from losing money in his business to making $36 for every $1 spent Why he and his partner are giving away everything once they die His tiny market, big money process of finding niche markets Why you should sell less than your ability to sell Why rushing is the biggest mistake by young entrepreneurs And much more entrepreneurial advice...   Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.   Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs.    For more Foundr content, follow us on your favorite platform:  Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine

8 Des 202153min

Melisa Vong returns to the Foundr Podcast with her business partner Bryce Alderson to discuss Orphic Nutrition. Bryce is a former professional soccer player, and Melisa is a serial entrepreneur and cofounder of 2 multi-million dollar ecommerce brands.    Four years ago, a catch-up over coffee led to the idea of building a nutrition business together. Using Bryce’s knowledge in sports nutrition and Melisa’s Amazon experience with her first company, Namskara, they identified complementary skills that could be successful. Fast forward 3 years later, and they built Orphic Nutrition into a multi-million dollar supplement brand on Amazon and exited the company in December of 2020.    Listen to Nathan chat with Melisa and Bryce about:  Bryce’s transition from being a pro athlete to business owner The similarities of sport and business  How they reconnected and started Orphic Nutrition Using the location feature on Instagram to find microinfluencers  The importance of finding a cofounder you can rely on Mistakes and strategies navigating selling on Amazon The journey of exiting the company and finalizing the sale What’s next for the duo and much more... Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.   Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs.    For more Foundr content, follow us on your favorite platform:  Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine

1 Des 202153min

Your relationship with a supplier is one of the most important aspects of running a business. That’s why we’re chatting with Kian Golzari, a sourcing specialist who has designed, developed, sourced, and manufactured over 2,500 products. Kian has manufactured products for the NBA, United Nations, Olympic Games, Ministry of Defense, and top athletes like Neymar Jr.    Listen to Nathan and Kian discuss:  How he sourced products for the 2012 Olympic Games in London  How to source a supplier on Alibaba Using whiskey and WeChat to build a personal relationship with a supplier What you should look for when visiting a factory  Why you should disassemble your product  Canton Fair, China’s international import and export fair Why you should have a universal specification sheet for negotiating with suppliers  How to imitate and innovate products that manufacturers have already made  And much more supplier and manufacturing tips...   Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.   Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs.    For more Foundr content, follow us on your favorite platform:  Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine

24 Nov 202147min

Melisa Vong believes that if you’re running an ecommerce business, you can’t ignore Amazon. Melisa started and sold 2 multi-million dollar brands using Amazon FBA’s infrastructure. Now she’s taking her successful strategies and sharing them on the Foundr platform with a new course on how to sell on Amazon.   Listen to Nathan and Melisa discuss:  How selling on Amazon changed her work/life balance Launching her first brand, Namskara, and earning $30,000 in the first month  Her PRIME Product Method for selecting products to sell on Amazon The importance of being adaptable as an Amazon seller  Why proper quality control can save you from expensive mistakes  And much more…  Sign up for Melisa's free training series to learn how to generate selling success on Amazon. Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.   Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs.    For more Foundr content, follow us on your favorite platform:  Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine

17 Nov 202151min

If you’ve never heard of Derral Eves, you’ve probably watched one of his hundreds of viral videos on YouTube. Derral currently owns 19 YouTube channels with “Gold Play Buttons” and collaborates with record-breaking YouTubers like Mr. Beast.    Eves is a lifelong learner and created VidSummit 8 years ago as a conference specialized for YouTube professionals. He also has a book called The YouTube Formula, which reveals the proven strategies that have made his YouTube videos successful.    Listen to Nathan and Derral discuss:  Discovering YouTube on Craigslist in 2005 Breaking the all-time TV and film crowdfunding record with The Chosen  Meeting YouTuber Mr. Beast and becoming collaborators Hot takes on Star Wars and how it applies to nurturing an audience Understanding the ideal viewer and how to increase retention rate Tactfully growing an audience instead of just being “on” the platform And much more...     Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode.   Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs.    For more Foundr content, follow us on your favorite platform:  Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine

10 Nov 20211h